Regardless if our clients are a first time home buyer or buying a new home in Des Plaines Illinois, our vetted loan officers have a solid understanding of the local area real estate industry and what it takes to close your dentist home loan with proficiency and expertise.
Our loan officers in Des Plaines Illinois provide specialized financing for dentists, exactly like you.
First and foremost, let’s talk about why dentist mortgage loans even exist. The main reason is that dentists are really profitable clients for financial institutions. They take out big loans early in their careers and almost always pay them off. Lenders use dentist home loans to secure early career dentists by lending them more money with fewer stipulations than their competitors.
If you are trying to find a dentist mortgage loan in Des Plaines Illinois then you came to the right place.
You’ve trained very hard to become a dentist and buying home shouldn’t be nearly as challenging.
Did you know there is a special loan that makes it easy for dentists to buy a home?
A home loan specifically for dentists?
Yup, dentists get their own home loan!
A dentist mortgage is a specialty loan program put together just for dentists in the home purchasing process.
We are aware of the budgetary demands of your student loan financial obligation, and how crucial it is to maintain working capital for when the time is right with starting your dental career. Regardless if you are a couple years into practice, or a well established dentist, you can depend on us to find a mortgage loan that is exclusively tailored for your needs.
Many dentists in Des Plaines Illinois may not qualify for conventional loans for various reasons such as minimal savings for a down payment, big student loan financial obligation or very little to no work history.
Despite these factors smart financial institutions know that dentists are a good choice because they typically have an extremely low default rate on loans, high earning potential and stable jobs.
Not all lenders offer this specialized product and within banks that do simply talking to the right mortgage loan officer makes a tremendous difference.
Purchasing a house doesn’t need to empty your savings and the process doesn’t have to drain your time.
What if you have some money to put down or are thinking about delaying until you have the cash?
Our mortgage lenders can do the math for you and show you what each scenario looks like and the benefits of each too.
In most instances, you’ll get your mortgage loan paid off earlier and save thousands on interest too.
Additionally, don’t overlook that having equity in your house will likely offer more security and overall flexibility, especially if something unforeseen happens. With the 100% financed dentist home mortgage loan, you should anticipate to start out under water. If something doesn’t work out and you are forced to sell quickly, you need to be prepared to write a potentially sizable check for as much as 10% of the purchase price simply to get out of the house.
Whether you’re relocating down the street, across town or across the country, we are available to work with you all throughout the dentist home loan process:: because you deserve it!
Dentists, get the house of your dreams with our Des Plaines Illinois dentist home loan program!